US - The US Supreme Court has rejected the appeal filed by the Indiana pension funds to block Chrysler's bankruptcy sale and cleared the way for Fiat's acquisition of the automaker.
The Indiana Treasurer had filed claims and appeals on behalf of the Indiana funds on the basis the sale of Chrysler would have discriminated against them as creditors, but it has now exhausted all ...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here
